Mutual Fund Details

Mirae Asset ELSS Tax Saver Fund Direct-IDCW

Name: Mirae Asset ELSS Tax Saver Fund Direct-IDCW
Brand: Mirae Asset Mutual Fund

Tax Saver ELSS

NAV

₹28.0670

as on 15 May 2024, 11:14 PM

₹0.0800(0.29%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Neelesh Surana

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,63,947

₹1,69,618

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹69,617

Profit (absolute return)

69.62%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

5.12%

In the last 6 months

17.94%

In the last 1 year

33.16%

In the last 3 years

69.62%

In the last 5 years

170.54%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

Mirae Asset ELSS Tax Saver Fund Direct-IDCW

as of 30 Apr 2024, 05:30 AM

₹22,471.76 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.58%

Expense Ratio

Plan

Dividend

1.68%

Cash Holding

Benchmark

NIFTY 500 Total Return Index

Scheme Document

View

Benchmark

NIFTY 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Sector

Financial

29.48%

₹6,625.45 Cr

Energy

9.33%

₹2,096.64 Cr

Services

9.22%

₹2,072.40 Cr

Technology

8.14%

₹1,828.64 Cr

Healthcare

7.74%

₹1,738.96 Cr

Others

36.09%

₹8,110.06 Cr

View All

Sectors Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Sector

Financial

29.48%

₹6,625.45 Cr

Energy

9.33%

₹2,096.64 Cr

Services

9.22%

₹2,072.40 Cr

Technology

8.14%

₹1,828.64 Cr

Healthcare

7.74%

₹1,738.96 Cr

Others

36.09%

₹8,110.06 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

HDFC Bank Ltd.

8.25%

₹1,853.92 Cr

ICICI Bank Ltd.

4.80%

₹1,078.64 Cr

Reliance Industries Ltd.

4.71%

₹1,058.42 Cr

Kotak Mahindra Bank Ltd.

4.00%

₹898.87 Cr

State Bank of India

3.92%

₹880.89 Cr

Others

74.32%

₹16,701.01 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

HDFC Bank Ltd.

8.25%

₹1,853.92 Cr

ICICI Bank Ltd.

4.80%

₹1,078.64 Cr

Reliance Industries Ltd.

4.71%

₹1,058.42 Cr

Kotak Mahindra Bank Ltd.

4.00%

₹898.87 Cr

State Bank of India

3.92%

₹880.89 Cr

Others

74.32%

₹16,701.01 Cr

View All

Funds in this Category

This fund's returns:

19.22%

Return Duration

3 Years

Quant ELSS Tax Saver Fund Direct-Growth

SBI Long Term Equity Fund Direct Plan-Growth

HDFC ELSS Tax Saver Direct Plan-Growth

About Mirae Asset ELSS Tax Saver Fund Direct-IDCW

Mirae Asset ELSS Tax Saver Fund Direct-IDCW is a Tax Saver mutual fund scheme from Mirae Asset Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Neelesh Surana. It has an AUM of ₹22,471.76 Crores and the latest NAV decalared is ₹28.067 as on 16 May 2024 at 11:23 am.

Mirae Asset ELSS Tax Saver Fund Direct-IDCW scheme return performance in last 1 year is 33.16%, in last 3 years is 69.62% and 374.04% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹22,471.76 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.